Market Summary - Week Ending July 11, 2003

Feeder Prices - Medium and Large 1-2, 7/11/03, San Angelo, 40-60 lbs for 105-110 $/cwt., 60-70 lbs for 100-105 $/cwt., 70-80 lbs for 97-103 $/cwt.

Slaughter Prices - Negotiated, 7/11/03, Live, wooled and shorn, 90-110 $/cwt. for 120-170 lbs, dressed, no sales reported.

Slaughter Prices - Formula, 7/8/03, 2,728 head (1) at 180-194.99 $/cwt. for 59.40 ave. lbs, 9,700 head at 177.33-200.08 $/cwt. for 70 ave. lbs.

Carcass Price - Choice and Prime, YG 1-4, 7/11/03, 8,932 head at 45-75 lbs for 187-206 $/cwt., 3,237 head at 75-85 lbs for 189-203 $/cwt., 831 head at 85 lbs and up for 189-197 $/cwt.

Boxed Lamb - Weighted average prices ($/cwt.), 7/11/03, Trimmed 4" Loins 479.16, Hotel rack (2) 631.42, Leg (trotter off) 205.25, Ground lamb 276.05.

Wool - 7/11/03, Price ($/pound), Clean, Delivered, Grade 70s (19.15-20.59 um) 2.40-2.60, 64s (20.60-22.04 um) 2.20-2.50, 62s (22.05-23.49 um) 2.10-2.40, 60s (23.50-24.94 um), 2.00-2.30, 58s (24.95-26.39 um) 1.50-2.00.

(1) Prices reported for the two weight categories of the largest volume traded.

(2) Average of light, medium and heavy 8-Rib Rack.

(Source: USDA/Agricultural Marketing Service)

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